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America’s employers added just 266,000 jobs last month. That’s sharply lower than in March and a sign that some businesses are struggling to find enough
Economic report shows challenges still facing Western Montana Face-to-face businesses -- and the people they employ -- are still struggling as the pandemic continues in Western Montana. and last updated 2021-02-04 12:55:22-05 MISSOULA â Face-to-face businesses -- and the people they employ -- are still struggling as the pandemic continues in Western Montana. While the newly released economic forecast from the BBER shows resiliency for Missoula as well as bright spots like tech growth and construction, the numbers also show soft spots. During this week's economic summit Missoula Economic ...
While the COVID-19 pandemic cratered Montana’s economy last spring, researchers say the state’s recovery has been a little stronger than the U.S. average.
'Fell off a cliff': UM economist highlights tough 2020 but sees rebound ahead Montana economist says employment growth collapsed in 2020 and last updated 2021-02-02 11:03:14-05 A University of Montana economist said Monday that the state's employment growth âfell of a cliffâ in 2020, largely because of the coronavirus pandemic. Patrick Barkey, director of the Bureau of Business and Economic Research at UM, said Monday morning that Montana saw a drop in employment growth of 3.5 percent last year. "Mind you, that is a combination of double-digit declines in the spring, followed by yea...
TOM LUTEY In spite of significant job losses during the pandemic, Montanans' personal income may have improved in 2020, largely because of a major cash infusion from the federal government, an economist said Monday. More than $8 billion in federal funds flowed into Montana through business grants, farm subsidies, juiced unemployment payments, or other means. That funding, coupled with some parts of the economy actually doing better in 2020, has analysts seeing the year differently than they did at the recessionâs start. âThere are parts of the economy right now that have...